"menclature" - 1 õppematerjal

Investors Handbook. A Legal Guide to Business in Georgia

c) Concessions (preferences) established by the effective international agreements ratified by the Georgian Parliament; 38 CYAN MAGENTA YELLOW BLACK 38 d) Prohibitions and restrictions, as specified by the Georgian legislation, applicable to the goods included in Commodity Nomenclature Code. (Tax Code of Georgia, Article 210, Part 1) The identification and classification of goods is carried out on the basis of the Commodity No- menclature Codes. The code of a commodity is specified by the declarant. Together with the nomenclature code, the declarant also identifies a tariff value for the goods by himself and indicates it in a declaration. While determining the tariff value, special rules that are in compliance with the WTO regulations, shall be used. The tariff value determined by the declar- ant is verified (controlled) by the Revenue Service, which has the right to reject the tariff value.